ZIMI LIMITED — Capital/Financing Update 2025

Jul 9, 2025

==> picture [455 x 62] intentionally omitted <==

ASX RELEASE – 10 JULY 2025

New product range ‘Smoke Connect’ commences shipping

Highlights:

• Zimi Smoke Connect produc7on complete and is now in transit.

• smart devices wherever they are, offering increased safety.

• Pre-orders of $471,900 (inc GST) secured for delivery in H1FY26, demonstra7ng strong early

• Zimi demonstrates con7nued development success to expand product porUolio.

Zimi Limited (ASX: ZMM) (" Zimi ", or the " Company "), an Australian company specialising in connecDng IoT electrical products to create smarter living and working spaces, is pleased to announce the successful compleDon of its first producDon run of its innovaDve Smoke Connect device, which is now in transit

The Company has secured $ 471,900 (inc GST) worth of pre-orders for delivery in H1FY26 , as part of a c$1.4m order book across its product range as announced to the ASX on 1[st] May 2025, demonstraDng early market appeDte and demand for this breakthrough safety product before its official launch. These secured orders highlight the market's recogniDon of Smoke Connect's superior safety capabiliDes and smart connecDvity features.

completed, with products currently in transit to fulfil iniDal customer orders. This milestone represents Zimi's conDnued development efforts to expand its product porYolio into the criDcal home safety segment, demonstraDng the Company's commitment to delivering products to market that complement its exisDng range of smart switches, dimmers, fan controllers, and power points.

The Smarter Smoke Detector

Smoke detectors are a legislaDve requirement in Australia, and in some states like Queensland there are further requirements mandated that include interconnected mulDple alarms in a single dwelling. This creates a substanDal mandatory market where property owners must install smoke detecDon systems by law. Zimi is capitalising on this required market by offering a product that not only meets legislaDve requirements but provides superior smart features over exisDng products in the market.

Smoke Connect leverages proven smart smoke detecDon technologies, enhanced by Zimi's smart home connecDvity to deliver noDficaDons and safety features. While convenDonal smoke detectors only provide local audible alarms, Smoke Connect connects to the smart home ecosystem and is designed to send noDficaDons directly to users' smartphones and smart devices, helping to raise the alarm wherever they are. The device also provides ongoing peace of mind through remote monitoring capabiliDes to check their smoke detector status, such as the remaining ba]ery life.

==> picture [454 x 62] intentionally omitted <==

has things they value in their home - whether family, pets, treasured possessions, or irreplaceable memories - that insurance simply cannot replace. TradiDonal smoke detectors simply can be ineffecDve when homeowners are not at home.

• To learn more about the Smoke Connect product range, visit: h]ps://zimi.life/product/smoke connect/

Development Success and Early Market Response

The $471,900 (inc GST) in pre-orders demonstrates market appeDte for smarter smoke detectors. These orders, secured ahead of the official product launch, validate Zimi's strategic development efforts and conDnued commitment to expanding its product porYolio with products that address real market needs.

The successful development and producDon of Smoke Connect showcases Zimi's capability to idenDfy market opportuniDes, develop cueng-edge products, and deliver them to market efficiently. This expansion into smarter smoke detectors represents Zimi's ongoing development in creaDng comprehensive smart home ecosystems that extend beyond lighDng and power control into criDcal safety applicaDons that can further enhance protecDon for families and properDes.

Jordan Tentori, CEO of Zimi, commented:

"We are delighted to launch Smoke Connect and deliver new products that add genuine value and safety to Australian homes. The early market response has been outstanding, and we look forward to bringing this smarter smoke detector to market and helping to make homes significantly safer.

Smarter smoke detectors represent a key advancement in home safety. While tradiDonal smoke detectors only sound when you're present to hear them, Smoke Connect is designed to noDfy users regardless of their locaDon, helping enable immediate response when every second counts in a fire event. This is exactly the kind of meaningful development that makes homes truly smarter and safer.

I want to acknowledge our dedicated development team who have worked Drelessly to bring this product from concept to market reality. Also, our supporDve shareholders that invest with the expectaDon that we deliver tangible products and real market outcomes. With Smoke Connect now shipping and preorders secured, we conDnue to demonstrate our commitment to translaDng investment into marketready products that generate revenue and create genuine value for both customers and investors."

- Ends -

This release has been approved by the Board.

Further information:

Jordan Tentori | CEO | jordan@zimi.life | +61 412 589 952 Investor and Media enquiries: investors@zimi.life

==> picture [454 x 62] intentionally omitted <==

About Zimi

Zimi Limited (ASX: ZMM) is an Australian technology company focused on creating smarter living and working environments by connecting everyday electrical products to the Internet and to each other. The company's product lines, including Powermesh and Senoa, feature smarter switches, light dimmers, power points, fan controllers, garage door controllers, and smarter safety devices that enable smarter products to create smarter homes as market demand for smart home technology continues to increase.

The company develops in the smart home space and works with the smart home ecosystems of tech giants who are driving Matter, the new global standard to simplify smart home connectivity.

Operating across a multi-billion-dollar opportunity within the Australian market alone, the company reaches customers through leading wholesale, commercial, retail, and trade channels, with partners such as Trader, Steel-Line, Beacon Lighting, Lighting Illusions, Zencontrol and Polyaire.

Looking ahead, the company continues to expand its product offerings into new sectors with compatibility with the smart ecosystems of the tech giants. Global expansion opportunities represent future potential for the company. As the Internet of Things (IoT) in the home continues to grow, Zimi is well-positioned to tap into the vast opportunities this rapidly evolving market presents.

To learn more, please visit: www.zimi.life